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The Federal Reserve along with other government agencies, released new guidelines on friday meant to stop abuses in high-cost mortgage, according to the Los Angeles Times.The new guidelines, which mirror a proposal made last march are; Fully consider a borrower's ability to repay a loan at its fu...
06/30/2007
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This sort of goes in line with other posts I do like recapping the Anderson Report. To give an idea to consumers and professionals what the market looks like, and what people are saying about real estate.The Boston Consulting Group conducted a survey of 1,007 Americans. Here are the results.55% B...
06/22/2007
UCLA released today, the quarterly "Anderson Report", an economic forecast for California's overall economic health. The key points in today's report are:1.)    Housing sales are expected to be slightly down or flat through next year, a trend we're already seeing in some markets.2.)    The impact...
06/19/2007
New-home sales increased this month in Los Angeles, Orange and San Diego Counties according to an industry report this Friday. According to the report, new-home prices rose year over year in Los Angles, and San Diego counties. These are also the areas in Southern California where builders are mor...
06/09/2007
4443 Levelside Ave, Lakewood, CA 90712 Open House Every Saturday & Sunday, 12-5 pm. 2 Bedroom, 1 Bathroom House 1,026 Square Feet $479,000 Offered by TeamResults.Attractive home in the Lakewood Mutuals with some unique features. There are beautiful hardwood floors and a raised dinig area. Living ...
06/04/2007
There is a difference between condominiums and co-operatives. Both are a type of multifamily properties that house multiple units. Condominium owners actually own real property, while co-op owners have shares that give the right to occupy and use the unit.A co-op can be thought of (because it is)...
05/31/2007
Hiring a home inspector before purchasing a house, condo, or newly builthome can sheild buyers from unknown problems arising from faulty, or damaged systems. The relatively low cost of hiring a qualified home inspector pales when compared to protecting a large investment.When considering which in...
05/25/2007
Try this... Visit http://maps.google.com.Once the website loads, Then click on "Get Directions" In the From section type in "New York"  and in the To section, type "London".The directions are pretty straight forward as you would expect until you scroll down to  number 24. That one confused me eve...
05/22/2007
Details Photo Gallery View Rooms 90706-Bellflower (East) FOR SALE$510,000Charming Century 21 Results
There may be some relief coming for homeowner's who face foreclosure action by their lender. Washington Mutual, Bank of America, Citigroup, Merrill Lynch, and Wells Fargo, received letters asking for a six month moratorium on Foreclosures and instead urging these major lenders in the California m...
05/15/2007
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